AMRT - Improvement continues

Sumber Alfaria Trijaya (AMRT) has shown consistent improvement in the past three years. AMRT recorded profit of IDR791.13 bn in 1Q23 or grew 14.98% yoy higher from IDR688.04 bn in 1Q22. Revenue in 1Q23 was at IDR16.16 tn, shifting 14.22% from IDR22.90 tn seen in 1Q22. The food segment generated IDR18.73 tn of revenue, while non-food contributed sales of IDR7.43 tn. In the same period in 2022, food sales clocked up to IDR15.67 tn, followed by non-food of IDR7.23 tn. (Source : IDN Financials).